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New Plays
Long Plays
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EXM None
XSD  

New Long Plays

Excel Maritime - EXM - cls: 32.32 change: +1.15 stop: 29.45

Company Description:
The Company is an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products. The company's current fleet consists of 18 vessels. (source: company press release or website)

Why We Like It:
EXM appears to have put in a decent bottom over the last several days. Traders could probably buy the stock right here but we would prefer to enter on a dip. We are suggesting readers buy a pull back into the $31.00-30.00 zone. Our short-term target will be the $34.75-35.00 range. More aggressive traders could aim for the $37-40 region. If you really wanted to be patient try waiting for the dip to near $30.00 before jumping in.

Picked on January xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 03/13/08 (unconfirmed)
Average Daily Volume: 1.3 million

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Semiconductor SPDR - XSD - cls: 40.57 change: +1.44 stop: 38.45

Company Description:
The XSD is the S&P SPDR exchanged traded fund for the semiconductor sector.

Why We Like It:
It looks like the semiconductors have put in a decent short-term bottom but the bounce looks a little extended. We would rather buy a pull back. We're suggesting readers buy the XSD in the $39.50-39.00 zone. If triggered our target is the $43.50-44.00 range.

Picked on January xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 00/00/00 (unconfirmed)
Average Daily Volume: 97 thousand
 

New Short Plays

None today.
 

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